- New vehicle sales in the United States are projected to rise in May from a year earlier, helped by demand for crossover SUVs and pickup trucks , according to a joint report by industry consultants J.D. Power and GlobalData on Thursday.Automakers in the United States have been shifting their focus back on higher-margin hybrids and gasoline-powered models as choppy demand for electric vehicles prompted them to pare back their ambitions for such units.
Average transaction prices in the month are expected to be about $45,033, down $1,045 from a year ago. Average incentive spend per vehicle has grown 48.1% from a year ago and is on track to reach $2,640.According to the report, 24% of shoppers said they were "very likely" to consider purchasing an EV in 2024, which is down from 26% a year ago.
"Shoppers who are rejecting EVs point to lack of charging station availability, purchase price, limited driving distance per charge, time required to charge and inability to charge at home or work," Krear added.An Orthodox rabbi has accused JetBlue Airways Corp. of discrimination for removing him from a flight after he asked to switch seats to avoid sitting next to a woman, which would violate his religious beliefs.
A video shared on TikTok shows passengers and a pilot arguing with a woman in an exit row after she apparently said she'd refuse to help others.China Hints at 25% Car Tariff as Deadline for EU Probe Looms
Source: Energy Industry News (energyindustrynews.net)
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